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KENYA: Upstream & Pipeline Revised Plans Drive Costs to $3.4B

The total gross capital expenditure (capex), which covers both the upstream and the pipeline to First Oil, is expected to increase to $3.4 billion as the KJV revised the previous … Read More

Stanbic, Sumitomo Mitsui, IBC Selected As Financial Advisors For East Africa Crude Oil Pipeline

Standard Bank Uganda alongside Japan’s Sumitomo Mitsui Banking Corp. will be tasked with raising $3.55 billion required for the Hoima to Tanga 1,445-kilometer (898-mile) pipeline after they were contracted by … Read More

Uganda, Tanzania sign MoU to Hasten Oil Pipeline Project

The Joint Pipeline Development Committee (JPDC) and project steering committee consisting of energy officials from Uganda and Tanzania have agreed to fast track the implementation the implementation of the joint … Read More

Tullow Oil to Recommence Appraisal Drilling in Kenya’s South Lokichar Basin in Q4 2016

Tullow Oil has announced that it will be recommence drilling activities in the fourth quarter of 2016 with an initial programme of four wells in the South Lokichar basin and … Read More

Detailed Studies of Kenya’s Oil Pipeline Route To start in a few weeks

The process to build a 891 kilometer 28 inch pipeline from Northern Kenya and Kenya’s Lamu port is set to begin with detailed studies expected to commence in the next … Read More

Tanzania President meets Total VP Javier Rielo over Crude Oil Pipeline

Total VP Javier Rielo has assured Tanzania’s president Dr. John Maghufuli that the construction of the Uganda to Tanga pipeline will commence soon. Rielo who held talks with the Dr. … Read More

Tanzania Pipeline Route Not A Done Deal – Kenya

Days after Tanzania and Uganda are said to have agreed on a more southern route that would avoid Kenya’s oil rich Lokichar basin the latter’s finance and energy cabinet secretaries … Read More

Confusion in East Africa Over Export Oil Pipeline Route

Months after the Kenyan and Ugandan president reached a deal to have the pipeline go through northern Kenya to the Kenyan coast the pronouncement has been thrown into a spin … Read More

US Government Will Not Help Finance Kenya Pipeline Project

The United States Ambassador to Kenya has clarified that his government will not help finance the construction of an oil pipeline in Kenya terming media reports to suggest the same … Read More

LAPSSET Project’s inaugural Global Investment Conference Set for October in Nairobi

The Kenya & East Africa Management Services Company (KEAMSCO), working in partnership with the Kenya National Chamber of Commerce & Industry (KNCCI) will be hosting the inaugural LAPSSET Global Investment … Read More

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